1.

No business is risk free in the light of this statement explain the concept of business risk and its any three causes

Answer»

Answer:

business is a risky for any organisation the RISK of market demand,market CHANGES like customer choices, new products launch, prices increase or decrease ,the price of raw materials or the all over production COST

economic conditions of county is also AFFECT on business in short the business have a main characteristics is a risk.

causes

1) MARKETING situations like demand, prices, fashion change, prices changes

2) economic conditions of county like government policies, taxation changes

3) natural calamities

4) changes in financial services



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